I don't want to put my life savings into a money pit.From what I heard, foundation problems are a real problem in that 78660 zip code, because of the clay soils.

The physical occupancy number is different based on markets and business plan for the property.

I assume you mean off-base housing.

I know this will fluctuate a lot based on marketplace, age of building & systems, how well it's been kept up in the past, etc.Just trying to get rough data points.

@Brian TranAppraisers value based off size (sq ft, beds, baths, garage y/n) and also condition.So if you have a 3 bed 2 bath in “C4” condition then he will compare your 3/2 to other 3/2’s in C4 condition.Condition ratings are ridiculously subjective in my experience.

You would need to analyze what type of tenant base is in the other properties and their capabilities to qualify for your project.Sometimes owners like to push the bad tenants onto other building owners.

I have found that I haven't been able to fully cover the cost of the house based on our VRBO and AirBnB listing of the property, but it has been close so I just figure my usage, which is about once a month, I am basically paying for.Here is how I analyzed what I could afford. 

Similar rental amounts, tenant base and housing stock with much lower pricing.What’s a good price range to be focusing on?

Other key mentors along the way have been a community banker, and a title company owner - all contributed to our knowledge base about the buying, lending and closing processes.If you haven't already started talking to lenders, I would recommend starting that process now.

I am a private lender financing business purpose loans for investment properties in california.I like to service my own loans as that gives me an opportunity to keep in touch with my borrowers and also turn them as my marketing agents too ( where ever i can)I am only doing about 5 loans at a time and use xls for that (interest only loans)I al looking for a recommendation for a cloud based software I could use for servicing a small pool of california loans.Please advise.